"Stable" meme token backed by air
– No extra printed money
– Hyper Deflationary DeFi Token
– Grow your stack while HODLING
ShibUST kills Terra with a hyper-deflationary token backed by air and is capable of maintaining steady rewards using its token redistribution and buyback contract. ShibUST rewards users for holding tokens.
With the ShibUST contract, a fee on every transaction is collected to fund the buybacks. When ShibUST tokens are bought back from the open market, they are immediately burned. This mechanism helps to limit the token supply and increase the price and the demand. We don’t need to be backed by the fucking dollar.
The token has a 10% transaction fee on all buys, sells, and transfers.
-4% of every transaction fee is redistributed within the ecosystem to the token holders.
-4% of the transaction fee is reserved for the buyback and burn fund.
-2% of every transaction goes to the ShibUST foundation. The foundation is responsible for marketing, development and the community chosen charities.
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